Vasakronan
Vasakronan AB, a leading player in the Swedish real estate sector, is headquartered in Stockholm, Sweden. Founded in 1993, the company has established a strong presence across major urban regions, including Gothenburg and Malmö. Specialising in property management and development, Vasakronan focuses on sustainable office and retail spaces, setting itself apart with innovative design and eco-friendly practices. With a commitment to sustainability, Vasakronan has achieved notable milestones, including recognition for its green building initiatives. The company holds a significant market position, being one of Sweden's largest property owners, and is renowned for its high-quality portfolio that prioritises tenant satisfaction and environmental responsibility. Through its strategic approach, Vasakronan continues to shape the future of urban living and working in Sweden.
DitchCarbon Score
How does Vasakronan's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Vasakronan's score of 63 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vasakronan's reported carbon emissions
In 2024, Vasakronan reported total carbon emissions of approximately 33,379,000 kg CO2e. This figure includes 506,000 kg CO2e from Scope 1 emissions, primarily from fugitive emissions, and 1,717,000 kg CO2e from Scope 2 emissions, which encompasses purchased heat and electricity. The majority of their emissions, about 31,156,000 kg CO2e, fall under Scope 3, which includes categories such as waste generated in operations and business travel. Comparatively, in 2023, total emissions were about 37,215,000 kg CO2e, indicating a reduction of approximately 3,836,000 kg CO2e year-on-year. This trend continues from 2022, where emissions were reported at 85,642,000 kg CO2e, showcasing a significant decrease over the years. Vasakronan has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030 from a 2016 baseline. They also commit to sourcing 100% renewable electricity annually through 2030. Additionally, the company targets a 90% reduction in absolute Scope 3 emissions by the same year. In 2023, they aimed for a 10% reduction in total emissions per square metre across all scopes, excluding large projects. These targets align with the Science Based Targets initiative (SBTi) and reflect Vasakronan's commitment to sustainable practices within the real estate sector in Sweden.
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| 2006 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,335,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 26,376,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 606,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Vasakronan is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
